The Saudi Arabian royal family is the richest in the world.
Wealth of the Saudi Royal Family
The House of Saud, which has ruled Saudi Arabia since 1744, possesses immense wealth. As of March 2024, their estimated net worth is approximately $1.4 trillion (£1.1tn). The current King Salman, who ascended to the throne in 2015, and his relatives control much of the country's power and wealth.
Key Facts About the Saudi Royal Family's Wealth
- Source of Wealth: Predominantly derived from the country's vast oil reserves.
- Ruling Dynasty: The House of Saud has been in power for centuries.
- Control: The King and his relatives wield significant control over the nation's wealth and resources.
